KFY

EX-99.1

2 kfy-20260731xex991q1fy27.htm

EX-99.1

Document

Exhibit 99.1

FOR IMMEDIATE RELEASEContacts:

Investor Relations: Tiffany Louder, (214) 310-8407

Media: Dan Gugler, (310) 226-2645

Korn Ferry Announces First Quarter Fiscal 2027

Results of Operations

Highlights

▪Korn Ferry reports Q1 FY'27 fee revenue of $756.5 million, an increase of 7% year-over-year at both actual and constant currency.

•This marks our sixth consecutive quarter of top line growth.

•Fee revenue grew in all regions year-over-year, led by double digit growth in Search and Workforce Solutions of 10% and 11%, respectively.

▪Estimated remaining fees under existing contracts at the end of the first quarter were $1.9 billion, up 14% year-over-year.

▪Net income attributable to Korn Ferry was $69.0 million, an increase of 4% year-over-year, with a margin of 9.1%.

▪Adjusted EBITDA was $128.2 million, an increase of 7% year-over-year, with a margin of 17%.

▪Diluted and adjusted diluted earnings per share were $1.32 and $1.43 in Q1 FY'27, up 5% and 9% year-over-year, respectively.

Los Angeles, CA, September 9, 2026 – Korn Ferry (NYSE: KFY), a global consulting firm, today announced first quarter fee revenue of $756.5 million. In addition, first quarter diluted earnings per share was $1.32 and adjusted diluted earnings per share was $1.43.

“I am very pleased with our quarterly performance. This marks our sixth consecutive quarter of top-line growth, demonstrating the momentum and durability of our business, as well as the sustaining value we are creating for our clients,” said Gary D. Burnison, CEO, Korn Ferry. “With AMS now part of Korn Ferry, we have brought together two iconic brands to create a global leader in talent and organizational consulting. AMS is a world-class firm that complements and meaningfully expands our Workforce Solutions and propels our We Are Korn Ferry strategy—to be the world’s conductor of talent and organizational orchestration.

“AMS brings profound operational capability, delivering technology-enabled talent solutions at scale, supported by long-term contracted client relationships. And at the heart of this combination is a belief that defines Korn Ferry: people are the catalyst for organizational success. I could not be more excited about our future.”

1

Selected Financial Results

(dollars in millions, except per share amounts) (a)

First Quarter

FY’27FY’26

Fee revenue$756.5 $708.6

Total revenue$764.6 $715.5

Estimated remaining fees under existing contracts (b) $1,915.0 $1,674.1

New business (c) $832.3 $742.2

Fee earner new business productivity (d) - in thousands$1,840 $1,610

Ending number of fee earners (e)1,811 1,830

Net income attributable to Korn Ferry $69.0 $66.6

Net income attributable to Korn Ferry margin 9.1 %9.4 %

Basic earnings per share $1.35 $1.28

Diluted earnings per share $1.32 $1.26

Adjusted Results (f):First Quarter

FY’27FY’26

Adjusted EBITDA$128.2 $120.4

Adjusted EBITDA margin17.0 %17.0 %

Adjusted net income attributable to Korn Ferry (g)$74.6 $69.2

Adjusted basic earnings per share (g)$1.46 $1.33

Adjusted diluted earnings per share (g)$1.43 $1.31

(a)Numbers may not total due to rounding.

(b)Estimated fee revenue associated with signed contracts for which revenue has not yet been recognized.

(c)Estimated value of an engagement awarded in the period evidenced by a signed contract.

(d)New business divided by average number of fee earners in the period annualized.

(e)Represents number of employees originating services.

(f)Adjusted EBITDA refers to earnings before interest, taxes, depreciation and amortization, further adjusted to exclude integration/acquisition costs, when applicable. Adjusted results on a consolidated basis are non-GAAP financial measures that adjust for the following, as applicable (see attached reconciliations):

First Quarter

FY’27FY’26

Integration/acquisition costs$7.6 $1.5

(g)Adjusted net income attributable to Korn Ferry, Adjusted basic earnings per share and Adjusted diluted earnings per share are non-GAAP financial measures that adjust for items in (f) and the following, as applicable (see attached reconciliations):

First Quarter

FY’27FY’26

Accelerated depreciation on digital technology platform$— $2.0

Tax effect on the adjusted items$(1.9)$(0.9)

The Company reported fee revenue in Q1 FY'27 of $756.5 million, an increase of 7% year-over-year at both actual and constant currency. Fee revenue grew in all Regions year-over-year, led by double digit growth in Search and Workforce Solutions.

Net income attributable to Korn Ferry was $69.0 million with a margin of 9.1% in Q1 FY'27, compared to net income attributable to Korn Ferry of $66.6 million with a margin of 9.4% in Q1 FY'26. Adjusted EBITDA was $128.2 million in Q1 FY'27 compared to $120.4 million in Q1 FY'26. Adjusted EBITDA margin in the quarter was 17.0%, flat year-over-year. Net income attributable to Korn Ferry and Adjusted EBITDA increase

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kfy-20260309false000005667900000566792026-03-092026-03-09

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 9, 2026

KORN FERRY

(Exact name of registrant as specified in its charter)

Delaware001-1450595-2623879 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)

1900 Avenue of the Stars, Suite 1225 Los Angeles, California 90067 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (310) 552-1834 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered Common Stock, par value $0.01 per shareKFYNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company            o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.            o

Item 2.02 Results of Operations and Financial Condition. On March 9, 2026, Korn Ferry issued a press release announcing its third quarter fiscal year 2026 results. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit hereto are furnished to, but not filed with, the Securities and Exchange Commission.

Item 9.01 Financial Statements and Exhibits. (d)Exhibits

Exhibit 99.1 Press Release, dated March 9, 2026.

Exhibit 104The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KORN FERRY

(Registrant)

Date: March 9, 2026 /s/ Robert P. Rozek (Signature) Name:Robert P. Rozek Title:Executive Vice President, Chief Financial Officer and Chief Corporate Officer